The Mutapa Fund is stepping up its role in Zimbabwe’s mining sector as it seeks US$250 million to expand gold production across key operations. The fund plans to allocate US$150 million to Shamva Gold Mine and US$100 million to Jena Mines. This capital will be raised mainly through debt facilities negotiated with financial institutions. The...
Robert Friedland has opened the first phase of the Platreef mine in South Africa. The ceremony marks a major milestone for a deposit that took decades to reach full development. The project brings significant investment, new jobs and broader economic opportunities to the region. Friedland is the founder and executive co-chairman of the company leading...